Global Furfural Derivatives Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Furfural Derivatives Market is presumed to reach the market size of nearly USD 21.51 Billion by 2032 from USD 12.1 Billion in 2023 with a CAGR of 6.6% under the study period 2024 - 2032.

Furfural derivatives are chemical compounds derived from furfural, an aromatic aldehyde obtained from plant-based materials like corncobs or oat hulls. These derivatives are formed through various chemical reactions, including oxidation, reduction, or substitution, leading to a diverse range of products with altered properties. They are used in pharmaceuticals, agrochemicals, and polymers due to their versatile reactivity and functional properties. Examples include furfural alcohols, furfuryl alcohols, and furfural-based resins, each with specific applications. Their derivation from renewable resources also highlights their potential in sustainable chemical processes.

Market Dynamics

The furfural derivatives market is experiencing growth driven by increasing demand for sustainable and bio-based chemicals. One key driver is the rising interest in green chemistry and renewable resources, as furfural derivatives provide a sustainable alternative to petroleum-derived chemicals. The expansion of the biofuel industry also presents significant opportunities, with furfural derivatives being used to develop bio-based fuels and additives that reduce reliance on fossil fuels. Additionally, the growing application of these derivatives in producing high-performance resins and adhesives caters to the automotive and construction sectors, which are increasingly adopting eco-friendly materials. Technological advancements in producing and processing these derivatives enhance their efficiency and cost-effectiveness, further fueling market growth. The development of new applications, such as their use in biodegradable plastics and specialty chemicals, opens up additional avenues for market expansion. Furthermore, supportive government policies and incentives for green technologies will likely drive further investments in furfural derivative applications, reinforcing their position in the sustainable chemical market. However, fluctuations in raw material availability and high production costs can restrain market growth.

The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of furfural derivatives.

Market Segmentation

The study offers a decisive view of the global furfural derivatives market by segmenting it in terms of application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.

By Application

1-5 Pentanediol
Furoic Acid
Tetrahydrofuran
2 Methyl Tetrahydrofuran
2 Methylfuran
Maleic Anhydride
Cyclopentanone
Tetrahydrofurfuyl Alcohol

By Route

1-5 Pentanediol (Bio-based, Fossil-based)
Furoic Acid (Bio-based, Fossil-based)
Tetrahydrofuran (Bio-based, Fossil-based)
2 Methyl Tetrahydrofuran (Bio-based, Fossil-based)
2 Methylfuran
Maleic Anhydride (Bio-based, Fossil-based)
Cyclopentanone (Bio-based, Fossil-based)
Tetrahydrofurfuyl Alcohol
Regional Analysis

This section covers furfural derivatives market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global furfural derivatives market along with the individual application segment across all the prominent region.

This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Furfural Derivatives market are Pyran, Pennakem LLC, TransFurans Chemicals bvba, BASF SE, UBE Corp., Yuanli Chemical Group, Hefei Home Sunshine Pharmaceutical Technology Co. Ltd., AB Enterprises, Hefei TNJ Chemical Industry Co. Ltd., International Furan Chemicals B.V. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11211345

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. FURFURAL DERIVATIVES - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Application
- 3.7.2 Market Attractiveness Analysis By Route
- 3.7.3 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL FURFURAL DERIVATIVES MARKET ANALYSIS BY APPLICATION

5.1. Overview By Application
5.2. Historical and Forecast Data
5.3. Analysis By Application
5.4. 1-5 Pentanediol (Polyester Resin, Plasticizer, Polyurethane, Glutaraldehyde, Other Applications) Historic and Forecast Sales By Regions
5.5. Furoic Acid (Plastic Plasticizers, Food Preservatives, Pharmaceutical Intermediates, Other Applications) Historic and Forecast Sales By Regions
5.6. Tetrahydrofuran (Polytetramethylene Ether Glycol, Solvents, Other Applications) Historic and Forecast Sales By Regions
5.7. 2 Methyl Tetrahydrofuran (Chemicals, Electronics, Medical, Oil, Other Applications) Historic and Forecast Sales By Regions
5.8. 2 Methylfuran (Pharmaceutical, Agriculture, Chemical, Other Applications) Historic and Forecast Sales By Regions
5.9. Maleic Anhydride (Unsaturated Polyester Resin, Furfural, Additives (Lubricants & Oil), Copolymers, Other Applications) Historic and Forecast Sales By Regions
5.10. Cyclopentanone (Personal Care Products, Electronics, Insulating Construction Materials, Fuel and Fuel Additives, Other Applications) Historic and Forecast Sales By Regions
5.11. Tetrahydrofurfuyl Alcohol (Resins, Solvents, Corrosion Inhibitors, Other Applications) Historic and Forecast Sales By Regions

6. GLOBAL FURFURAL DERIVATIVES MARKET ANALYSIS BY ROUTE

6.1. Overview By Route
6.2. Historical and Forecast Data
6.3. Analysis By Route
6.4. 1-5 Pentanediol (Bio-based, Fossil-based) Historic and Forecast Sales By Regions
6.5. Furoic Acid (Bio-based, Fossil-based) Historic and Forecast Sales By Regions
6.6. Tetrahydrofuran (Bio-based, Fossil-based) Historic and Forecast Sales By Regions
6.7. 2 Methyl Tetrahydrofuran (Bio-based, Fossil-based) Historic and Forecast Sales By Regions
6.8. 2 Methylfuran Historic and Forecast Sales By Regions
6.9. Maleic Anhydride (Bio-based, Fossil-based) Historic and Forecast Sales By Regions
6.10. Cyclopentanone (Bio-based, Fossil-based) Historic and Forecast Sales By Regions
6.11. Tetrahydrofurfuyl Alcohol Historic and Forecast Sales By Regions

7. GLOBAL FURFURAL DERIVATIVES MARKET ANALYSIS BY GEOGRAPHY

7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis

8. COMPETITIVE LANDSCAPE OF THE FURFURAL DERIVATIVES COMPANIES

8.1. Furfural Derivatives Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments

9. COMPANY PROFILES OF FURFURAL DERIVATIVES INDUSTRY

9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. Pyran
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
9.4. Pennakem LLC
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
9.5. TransFurans Chemicals Bvba
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
9.6. BASF SE
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
9.7. UBE Corp.
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
9.8. Yuanli Chemical Group
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
9.9. Hefei Home Sunshine Pharmaceutical Technology Co. Ltd.
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
9.10. AB Enterprises
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
9.11. Hefei TNJ Chemical Industry Co. Ltd.
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
9.12. International Furan Chemicals B.V.
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies